Growth Driven By Which Sector

Question

Post-1991 GDP growth is mainly driven by growth in the:

Select an answer

Post-1991 GDP growth is mainly driven by growth in the:

  1. Agricultural sector
  2. Industrial sector
  3. Service sector — Correct Answer
  4. Mining sector
Explanation:
Correct Answer Explanation

GDP growth is mainly driven by growth in the service sector.

Key Points:
  • Agriculture growth has declined during reform period.
  • Industrial sector reported fluctuation.
  • Service sector witnessed consistently high growth.
  • Growth concentrated in telecom, IT, finance, entertainment, travel, hospitality, real estate.

📚 About this Topic — CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL

This multiple choice question is from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL to strengthen your preparation.

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